26th Sep 2017 16:45
26 September 2017
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company")
NOTIFICATION OF TRANSACTIONS OF
PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES ("PDMRs")
The Company announces that on 25 September 2017 Chris Rutt, Deputy Chief Financial Officer and PDMR, sold 8,292 ordinary shares of 0.003 pence each ('Ordinary Shares') in two tranches, 6,000 Ordinary Shares at a price of 309.15 pence each and 2,292 Ordinary Shares at a price of 309.725 pence each.
Following this sale, Mr Rutt holds 8,959 Ordinary Shares representing 0.01% of the total shareholding in the Company.
Formal notification in respect of the PDMR is set out below in accordance with the requirements of the Market Abuse Regulation.
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 5100
Sally Buckmaster, Senior Counsel and Group Company Secretary
1 | Details of the person discharging managerial responsibilities / person closely associated | ||||
a) | Name | Chris Rutt | |||
2 | Reason for the notification | ||||
a) | Position/status | PDMR - Deputy Chief Financial Officer and Investor Relations | |||
b) | Initial notification/Amendment | Initial notification | |||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
a) | Name | River and Mercantile Group PLC | |||
b) | LEI | 2138005C7REHURGWHW31 | |||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
a) | Description of the financial instrument, type of instrument Identification code | Ordinary shares of £0.003 pence each
GB00BLZH7X42
| |||
b) | Nature of the transaction | 1. Sale of Ordinary Shares.
| |||
c) | Price(s) and volume(s) | Price(s) | Volume(s) | ||
1. 309.15p | 1. 6,000 | ||||
2. 309.725p | 2. 2,292 | ||||
d) | Aggregated information - Aggregated volume - Price | Price | Volume | Total | |
1. 309.15p | 1. 6,000 | 1. £18,549.00 | |||
2. 309.725p | 2. 2,292 | 2. £7,098.90 | |||
e) | Date of the transaction | 25 September 2017 | |||
f) | Place of the transaction | London Stock Exchange | |||
Related Shares:
RIV.L